MGM Resorts Q2 FY26: where the revenue came from and where it went
The whole income statement of MGM Resorts for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2026
- Reported
- Jul 29, 2026
Revenue$4.45B
+1% year over year
Gross profit$1.77B
40% margin
Operating profit$0.50B
11% margin
Net profit$0.29B
7% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 4.45 | 100% | +1% |
| Casino | 2.38 | 54% | +2% |
| Occupancy | 0.85 | 19% | −1% |
| Food & beverage | 0.80 | 18% | +3% |
| Entertainment retail | 0.42 | 9% | −5% |
| Cost of revenue | −2.68 | 60% | |
| Gross profit | 1.77 | 40% margin | +3pp |
| SG&A | −1.26 | 28% | +1pp |
| Operating profit | 0.50 | 11% margin | +2pp |
| Interest & other costs | −0.12 | ||
| Tax | −0.09 | ||
| Net profit | 0.29 | 7% margin | +5pp |
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